Asymmetric Globalization: Global Markets Require Good Global Politics

Nancy Birdsall

No 12, Working Papers from Center for Global Development

Abstract: The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then explores why and how the global economy is stacked against the poor, making globalization asymmetric, at least up to now. It concludes with some ideas about a new agenda of good global politics, an agenda to shape a future global economy and society that is less poor and less unequal -- not only because it is more global and competitive, but also because it is more fair and more politically representative.

Keywords: Global Markets; globalization; poverty; inequality (search for similar items in EconPapers)
JEL-codes: D63 I32 O15 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2002-10
References: Add references at CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cgd:wpaper:12

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